Thursday, 21 May 2009

British Airways to tumble & a medical technology tip

I still can't see anything positive coming out here so I am short BAY - £5 a point. only a small punt here as i am curious to see what happens and have not seen too many indicators that we are due for a fall but I can't see anything but this happening.

Other than that i had a punt based on a tip and a lot of grilling my mate on an interesting stock ULT. They basically sell software to the NHS for treating depression. Just moved into profitability and expanding internationally. Revenues up 82% for first half. I have concerns about dependencies solely on one client but i think there is scope for this to move and they have made some acquisitions too... let's see what happens here!

By the way Nick - if you are reading i just totally dropped you in it! :-0 I am sure that all will shortly become clear!

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